MICROPORT Shares Drop Nearly 7% as Shareholder Allegedly Aims to Sell Stake for Up to HKD1.17B
Otsuka Medical Devices Stake Sale: Otsuka Medical Devices plans to sell its entire 4.85% stake in MICROPORT, amounting to 92.3 million shares, at a placement price between HKD12.44-12.71 per share, which is a discount of 6-8% from MICROPORT's recent closing price.
Market Reaction: Following the announcement, MICROPORT's stock opened 4.59% lower and experienced a decline of up to 6.8% during early trading, with the last trade recorded at HKD12.89, down 4.66%.
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MICROPORT Rises Approximately 8% Following Favorable Profit Announcement
Stock Performance: Microport (00853.HK) opened up 6.34% today, reaching a peak of $13.95, and is currently trading at $13.45, reflecting a 7.95% increase with a trading volume of 15.7865 million shares.
Short Selling Data: The company has reported short selling of $11.97 million, with a short selling ratio of 5.051%.
Profit Outlook: Microport issued a positive profit alert, projecting a turnaround from a net loss of $268 million last year to a net profit of at least $20 million in 2025.
Market Information: Note that the HK stocks quote is delayed by at least 15 minutes, and the short selling data is as of January 22, 2026.
HSI Rises 231 Points as BABA-W and POP MART Surge 4%
Market Opening: Hong Kong stocks opened higher, with the HSI up 231 points (0.9%) at 26,861, the HSCEI up 87 points (1%) at 9,201, and the HSTECH up 55 points (1%) at 5,817.
BABA-W Support: Alibaba's decision to support its chip subsidiary's separate listing led to a 3.9% increase in its share price, while other chip stocks like SMIC and HUA HONG SEMI saw slight gains.
Tech Stock Movements: Tencent opened flat, while Meituan and Kuaishou saw minor increases. JD-SW jumped 2.6%, whereas Baidu experienced a slight decline.
Financial Sector Performance: HSBC, HKEX, and AIA recorded modest gains, while Pop Mart surged 7.2% after launching a limited edition product, and Microport rose significantly on profit forecasts.
Citi Resumes Coverage of MICROPORT with a Buy Rating and Target Price of HKD 16
Citi's Coverage on MICROPORT: Citi has reinitiated coverage on MICROPORT (00853.HK) with a Buy rating and a target price of HKD16, highlighting the company's improving fundamentals.
Financial Performance: The report noted a significant reduction in MICROPORT's net loss by 66% year-over-year in the first half of 2025, with expectations of a turnaround in the second half.
Post-Merger Synergies: Citi emphasized that the synergies from recent mergers will contribute to the company's potential for growth.
Market Activity: As of January 7, 2026, short selling activity for MICROPORT was reported at $7.25 million, with a short selling ratio of 5.017%.
BofAS Raises MICROPORT (00853.HK) Price Target to $17, Maintains Buy Rating
BofA Securities Rating: BofA Securities has reaffirmed its Buy rating for MICROPORT (00853.HK), highlighting a favorable risk-reward profile for the company.
Growth Potential: The company is expected to see significant growth from its surgical robotics business, projected to contribute 19% of total revenue by 2034.
Revenue Forecast Adjustment: The broker has raised its total revenue forecast for MICROPORT for the years 2026-2034 by 0.1-1.5%.
Target Price Increase: The target price for MICROPORT has been increased from HKD16.8 to HKD17.
<Daily Summary> HSI Ends at 26,829, Decreasing by 128 Points; HSTI Finishes at 6,514, Down 36 Points; LONGFOR Falls More Than 4%; CGN MINING, SD GOLD, JIANGXI COPPER, MICROPORT, YSB Reach New Peaks; Market Trading Volume Increases
Market Performance: The Hang Seng Index (HSI) fell by 128 points (0.5%) to 26,829, while the Hang Seng Tech Index (HSTI) and the Hang Seng China Enterprises Index (HSCEI) also experienced declines, with market turnover reaching $173.80 billion.
Active Heavyweights: Major stocks like Meituan, Alibaba, and Tencent saw declines, with short selling ratios indicating significant market activity, while companies like Longfor and Baidu experienced notable drops in their stock prices.
Top Gainers: CGN Mining, SD Gold, Jiangxi Copper, and Microport were among the top gainers, each hitting new highs, with substantial increases in their stock prices and relatively low short selling ratios.
Short Selling Trends: The short selling data revealed high activity in several stocks, with notable ratios for companies like CCB and Longfor, indicating investor sentiment and market volatility.
<M Stanley Report>: CRM Business Revamp Aids MICROPORT in Reaching Financial Objectives
Restructuring and Acquisition: MICROPORT is restructuring its CRM business, with its subsidiary CARDIOFLOW-B issuing new shares to acquire Cardiac Rhythm Management (CRM) for USD680 million, resulting in a decrease of MICROPORT's stake in CARDIOFLOW-B from 46.12% to 44.45%.
Financial Improvements: The refinancing of CRM will reduce interest expenses significantly, aiding MICROPORT in its goal to lower its debt ratio from 70% to around 50% in 1-3 years and further to 30-35% in 3-5 years, while Morgan Stanley views this as a crucial cleanup event for the company.
MICROPORT Rises Approximately 8% Following Favorable Profit Announcement
Stock Performance: Microport (00853.HK) opened up 6.34% today, reaching a peak of $13.95, and is currently trading at $13.45, reflecting a 7.95% increase with a trading volume of 15.7865 million shares.
Short Selling Data: The company has reported short selling of $11.97 million, with a short selling ratio of 5.051%.
Profit Outlook: Microport issued a positive profit alert, projecting a turnaround from a net loss of $268 million last year to a net profit of at least $20 million in 2025.
Market Information: Note that the HK stocks quote is delayed by at least 15 minutes, and the short selling data is as of January 22, 2026.
HSI Rises 231 Points as BABA-W and POP MART Surge 4%
Market Opening: Hong Kong stocks opened higher, with the HSI up 231 points (0.9%) at 26,861, the HSCEI up 87 points (1%) at 9,201, and the HSTECH up 55 points (1%) at 5,817.
BABA-W Support: Alibaba's decision to support its chip subsidiary's separate listing led to a 3.9% increase in its share price, while other chip stocks like SMIC and HUA HONG SEMI saw slight gains.
Tech Stock Movements: Tencent opened flat, while Meituan and Kuaishou saw minor increases. JD-SW jumped 2.6%, whereas Baidu experienced a slight decline.
Financial Sector Performance: HSBC, HKEX, and AIA recorded modest gains, while Pop Mart surged 7.2% after launching a limited edition product, and Microport rose significantly on profit forecasts.
Citi Resumes Coverage of MICROPORT with a Buy Rating and Target Price of HKD 16
Citi's Coverage on MICROPORT: Citi has reinitiated coverage on MICROPORT (00853.HK) with a Buy rating and a target price of HKD16, highlighting the company's improving fundamentals.
Financial Performance: The report noted a significant reduction in MICROPORT's net loss by 66% year-over-year in the first half of 2025, with expectations of a turnaround in the second half.
Post-Merger Synergies: Citi emphasized that the synergies from recent mergers will contribute to the company's potential for growth.
Market Activity: As of January 7, 2026, short selling activity for MICROPORT was reported at $7.25 million, with a short selling ratio of 5.017%.
BofAS Raises MICROPORT (00853.HK) Price Target to $17, Maintains Buy Rating
BofA Securities Rating: BofA Securities has reaffirmed its Buy rating for MICROPORT (00853.HK), highlighting a favorable risk-reward profile for the company.
Growth Potential: The company is expected to see significant growth from its surgical robotics business, projected to contribute 19% of total revenue by 2034.
Revenue Forecast Adjustment: The broker has raised its total revenue forecast for MICROPORT for the years 2026-2034 by 0.1-1.5%.
Target Price Increase: The target price for MICROPORT has been increased from HKD16.8 to HKD17.
<Daily Summary> HSI Ends at 26,829, Decreasing by 128 Points; HSTI Finishes at 6,514, Down 36 Points; LONGFOR Falls More Than 4%; CGN MINING, SD GOLD, JIANGXI COPPER, MICROPORT, YSB Reach New Peaks; Market Trading Volume Increases
Market Performance: The Hang Seng Index (HSI) fell by 128 points (0.5%) to 26,829, while the Hang Seng Tech Index (HSTI) and the Hang Seng China Enterprises Index (HSCEI) also experienced declines, with market turnover reaching $173.80 billion.
Active Heavyweights: Major stocks like Meituan, Alibaba, and Tencent saw declines, with short selling ratios indicating significant market activity, while companies like Longfor and Baidu experienced notable drops in their stock prices.
Top Gainers: CGN Mining, SD Gold, Jiangxi Copper, and Microport were among the top gainers, each hitting new highs, with substantial increases in their stock prices and relatively low short selling ratios.
Short Selling Trends: The short selling data revealed high activity in several stocks, with notable ratios for companies like CCB and Longfor, indicating investor sentiment and market volatility.
<M Stanley Report>: CRM Business Revamp Aids MICROPORT in Reaching Financial Objectives
Restructuring and Acquisition: MICROPORT is restructuring its CRM business, with its subsidiary CARDIOFLOW-B issuing new shares to acquire Cardiac Rhythm Management (CRM) for USD680 million, resulting in a decrease of MICROPORT's stake in CARDIOFLOW-B from 46.12% to 44.45%.
Financial Improvements: The refinancing of CRM will reduce interest expenses significantly, aiding MICROPORT in its goal to lower its debt ratio from 70% to around 50% in 1-3 years and further to 30-35% in 3-5 years, while Morgan Stanley views this as a crucial cleanup event for the company.
